Thursday, July 31, 2008

LOOPNET



Loopnet (LOOP) reported decent earnings last night and provided upside guidance going forward. This stock is in an enormous downtrend and looks horrible. Except...30% of the float is short and the short ratio is 21 days. Let's see if we can get a SQUEEZE going here today.

fyi..we are out of FSLR (hit our $300 price target, especially after hours last night) and we are excited about our recent pickup of Dryships (DRYS).

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